China fines Kenya Sh1.31 billion for defaulting on railway loans

Nairobi [Kenya], October 15 (ANI): Chinese banks have fined Kenya 1.312 billion Kenyan shillings in the year ended June for defaults on loans provided to build the standard gauge railway (SGR), according to Treasury documents seen by Business Daily Africa. …
China fines Kenya Sh1.31 billion for defaulting on railway loans